Comcast's Facing a Tough Streaming Decision
Comcast (NASDAQ: CMCSA) has an opportunity to bolster its Peacock streaming service, but it would come at a potentially significant cost. The media division of the company still licenses some of its top TV titles to Hulu. While Comcast owns a minority stake in Hulu, Walt Disney (NYSE: DIS) operates the streaming service.
Early next year, Comcast has an opportunity to remove much of its content from Hulu and offer it exclusively on Peacock, according to a report from the Wall Street Journal. Doing so, however, could negatively impact the value of Hulu, of which it's unlikely to sell its share in until 2024.
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Source Fool.com
